Name: First Solar Inc. (NASDAQ:FSLR) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

First Solar Inc., income statement, revenues

US$ in thousands

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Solar modules	3,296,809)	2,428,278)	2,331,380)	1,736,060)	1,460,116)
Solar power systems	19,951)	153,290)	513,362)	794,797)	1,148,856)
O&M services	1,861)	11,995)	43,060)	115,590)	107,705)
Energy generation	(19)	25,756)	37,614)	61,948)	54,539)
EPC services	—)	—)	(2,039)	2,937)	291,901)
Net sales	3,318,602)	2,619,319)	2,923,377)	2,711,332)	3,063,117)

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Item	Description	The company
Net sales	Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).	First Solar Inc. net sales decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.